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13 July 2026

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Queensland's state-owned utilities continue their exit from direct wind farm ownership as a renewables surge crashes NEM spot prices by 82% to just $18.74/MWh.

AU 2 | Policy 1|EV 1
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Queensland state utilities continue exodus from wind farms with sale of half share in new project

RenewEconomy AU Policy ·

CS Energy has divested its 50% stake in the 228MW Lotus Creek wind farm to Copenhagen Infrastructure Partners, marking the third Queensland state-owned utility to exit direct wind project ownership. This transaction reverses a 2022 acquisition and signals a shift in how government entities participate in the state's renewable energy build-out.